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Advice to Debtors

Many individuals may be facing personal financial difficulties resulting from failed or under-performing businesses (sole tradership, partnership or companies) or simply living beyond their means. There are various remedies available to protect the individual from creditor pressure which Leathes Prior can advise upon and help the individual to implement including:

  • Informal arrangements
  • Individual Voluntary Arrangements
  • Administration orders
  • Bankruptcy

If your business is operated through a limited company there are additional insolvency procedures available and further implications.
For more details click here

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